Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/311190 
Year of Publication: 
2024
Series/Report no.: 
Ruhr Economic Papers No. 1120
Publisher: 
RWI - Leibniz-Institut für Wirtschaftsforschung, Essen
Abstract: 
In this paper, we study the house price effects of local school choice opportunities among public primary schools using a rare and large-scale reform that abolished binding catchment areas in North RhineWestphalia, the largest German state with 18 million inhabitants. To estimate the reform's effect on valuations of houses, we compare houses with different local school choice sets, before and after the reform. We find that gaining access to a school within 2,000 meters and with a higher transition rate to the academic track (relative to the initial neighborhood school) increases house prices by 1.5 percent. This effect is larger when the more attractive school is closer and diminishes as distance grows. The full reform effect materializes roughly five years after reform onset.
Subjects: 
School choice
housing demand
real estate markets
JEL: 
I28
R21
R3
Persistent Identifier of the first edition: 
ISBN: 
978-3-96973-301-1
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.